DOE Ener.GIST (Collection of Energy News from National Newspapers)

New WESM operator approved by PEMC board

Category: Electric Power Industry, Energy
Date Posted: Tuesday, 6 February 2018
Total views: 232

The Philippine Electricity Market Corp.’s (PEMC) board of directors has approved the creation of an independent market operator (IMO) to run the Wholesale Electricity Spot Market (WESM) starting June.

In a statement, PEMC said the operator would be a non-profit company, independent of government and industry players, that shall take over WESM’s management from PEMC, which shall remain... Read more

Plan to install independent WESM operator up

Category: Electric Power Industry
Date Posted: Tuesday, 6 February 2018
Total views: 126

The board of Philippine Electricity Market Corp. approved the transition plan to create an independent market operator for the Wholesale Electricity Spot Market.

PEMC, chaired by Energy Secretary Alfonso Cusi, operates the country’s trading floor for electricity.

As prescribed in the Electric Power Industry Reform Act of 2001, the IMO should take over... Read more

Cusi says consumers saved P3b

Category: Economy, Energy
Date Posted: Tuesday, 6 February 2018
Total views: 126

The Energy Department saved consumers around P3 billions in its efforts to ensure the imposition of the new excise tax rates on petroleum products under the Tax Reform for Acceleration and Inclusion Law is fairly and responsibly implemented by oil companies.

The department estimates that its actions saved consumers around P2.64 billion for liquid petroleum fuels, and P58.4 million from... Read more

Power sector in limbo

Category: Electric Power Industry, Energy
Date Posted: Tuesday, 6 February 2018
Total views: 152

The suspension of four commissioners of the Energy Regulatory Commission (ERC) came as a surprise to many, leaving a vacuum of leadership within the agency responsible for approving vital power contracts, certificates and other permits needed before a power project is cleared for commercial operation.

Only ERC Chairman and Chief Executive Officer Agnes VST Devanadera was left to man the... Read more

DoE puts Malaya power plant privatization on hold

Category: Electric Power Industry, Energy
Date Posted: Tuesday, 6 February 2018
Total views: 142

THE Department of Energy (DoE) is putting on hold the privatization of the Malaya power plant in Rizal province until a study has been made to determine whether continued operation of the facility is feasible.

“We feel that the status quo is safer until we finish that study,” DoE Assistant Secretary Leonido J. Pulido III told reporters.

The 650-megawatt... Read more

DOE keeps track of power plant shutdowns for summer

Category: Electric Power Industry
Date Posted: Tuesday, 6 February 2018
Total views: 139

To avoid straining power supply during the critical summer months, the Department of Energy (DOE) is also monitoring the shutdowns of power plants relative to their regular maintenance schedules.

Energy Secretary Alfonso G. Cusi indicated that they are steering clear of a situation wherein more power plants will be taken off the power system, especially if the generating... Read more

DOE sets ‘data analytics’ on inventory of oil firms

Category: Downstream Oil Industry
Date Posted: Tuesday, 6 February 2018
Total views: 136

To systematize the audit and validation of oil firms’ inventories on next year’s round of excise tax hikes under the Tax Reform for Acceleration and Inclusion (TRAIN) Act, the Department of Energy (DOE) said it will employ data analytics in scrutinizing report submissions of the industry players.

Excise taxes of petroleum products will be on an uptick again in 2019, and inventory... Read more

Mandated study further delays 650MW Malaya plant’s sales

Category: Electric Power Industry, Energy
Date Posted: Tuesday, 6 February 2018
Total views: 139

The divestment of the 650-megawatt Malaya thermal power facility will further be held in abeyance following the mandate of the Department of Energy (DOE) on the conduct of a study that shall validate first the continuous “usage of the asset as a must-run-unit” or its proposed conversion to gas or coal-fired power facility.

In an interview with reporters, Energy Assistant... Read more

DOE sees no immediate need to hike PUV fares

Category: Economy, Energy
Date Posted: Tuesday, 6 February 2018
Total views: 107

MANILA, Philippines — The Department of Energy (DOE) said it sees no immediate need to raise transport fares as mitigating measures will be implemented to alleviate the impact of higher fuel prices due to the Tax Reform for Acceleration and Inclusion (TRAIN) law.

In a press briefing yesterday, DOE assistant secretary Leonido Pulido said an inter-agency task force, led by the Department... Read more

DOE halts sale of Malaya plant

Category: Energy
Date Posted: Tuesday, 6 February 2018
Total views: 69

MANILA, Philippines — The Department of Energy (DOE) has stopped the privatization of the 650-megawatt (MW) Malaya Thermal Power Plant (TPP) in Rizal as the agency eyes a deeper study before proceeding to sell the asset, a ranking energy official said.

The DOE’s Electric Power Industry Management Bureau (EPIMB) has come up with a memo to conduct a study on the power facility... Read more

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